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Market News

Location American Market News for 30 June 2013

'Our Prices Are Insane!'

Forbes - 30 Jun 2013 23:00
'Our Prices Are Insane!' One lot offered at Christie's last week received a lot of attention for the wrong reasons.
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Fed: 'We Have A Failure To Communicate' (And Other Quotes Of The Week) Markets rebounded this week on a parade of Fed speakers attempting to clarify Mr. Bernanke's "failure to communicate" in last week's Fed statement and press conference.
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Nico Rosberg races to his first British Grand Prix victory and second of the season.
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Limited impact of higher gas prices on power sector

livemint.com - 30 Jun 2013 14:14
Limited impact of higher gas prices on power sector While higher gas prices may boost investment in the power sector, any gains in supply are at least a couple of years away
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Upstream producers to benefit from higher gas prices

livemint.com - 30 Jun 2013 14:00
Upstream producers to benefit from higher gas prices The decision to raise gas prices will incentivize investments in the sector and lead to an increase in production
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Uncertainty over gas prices can weigh on plans of fertilizer firms Lack of clarity on gas prices and the subsidy-sharing mechanism can force fertilizer firms to go slow on investment plans
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Crompton's premium buyback offers an exit to investors The buyback is a neat exit option for investors given that the stock has fallen continuously in the past year
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